KMT takes over aftermarket activities from French company


KMT takes over aftermarket activities from French company

KMT has entered an agreement to take over the after-sales and service operations
of La Decoupe S.A., the leading machine builder of waterjet cutting systems in
the French market. The business has an installed base of approximately 80
systems. The transaction will initially lead to an increase in annual sales of
approximately SEK 6 million, excluding the service business KMT has previously
conducted on La Decoupe's machines. The purchase price amounts to approximately
SEK 6 million, and the transaction will only have a marginal impact on the
results for 2007.

KMT has entered an agreement to take over the after-sales and service operations
of La Decoupe S.A., the leading machine builder of waterjet cutting systems in
the French market. The business has an installed base of approximately 80
systems. The transaction will initially lead to an increase in annual sales of
approximately SEK 6 million, excluding the service business KMT has previously
conducted on La Decoupe's machines. The purchase price amounts to approximately
SEK 6 million, and the transaction will only have a marginal impact on the
results for 2007. 

The takeover follows the acquisition of the French service company AquaForce
which was announced in February 2007, and further strengthens KMT's position in
service contracts, remodeling, spare parts and maintenance of waterjet cutting
machines, primarily in the French market.

Lars Bergström, President and CEO says “The objective behind this latest
transaction is to further enhance our knowledge of the French waterjet market,
while at the same time underpinning our position in aftermarket activities.”

As a result of KMT's growing presence in the French market, a branch office will
be established in Lyon. The business will be operated as a profit centre within
the KMT Waterjet business area and will be consolidated from October 1, 2007.


For further information, please contact:
Lars Bergström, President and CEO, KMT Group AB
Tel: +46 (0)8-594 211 50 or e-mail: lars.bergstrom@kmtgroup.com

Bernd Vollmer, President, KMT GmbH 
Tel: +49 (0)6032-997-111 or e-mail: bernd.vollmer@kmtgroup.com

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